Both Sides of the Table
NOVEMBER 4, 2009
This is part of my Startup Advice series. I often have career discussions with entrepreneurs – both young and more mature – whether they should join company “X&# or not. I usually pull the old trick of answering a question with a question. My reply is usually, “is it time for you to earn or to learn?&#. Let’s face it.
socalTECH
NOVEMBER 10, 2009
Santa Monica-based Boingo Wireless is behind a big promotion announced today by search engine giant Google , where Google will be offering free Wi-Fi to travelers at airports across the country. Google said today that it will offer free wireless at 47 airports, including Las Vegas, San Jose, Boston, Baltimore, Burbank, Houston, Indianapolis, Seattle, Miami, Ft.
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SoCal CTO
NOVEMBER 2, 2009
Because I was the Acting CTO for eHarmony at it's start, I quite often get introduced to people who have an idea for a startup company that is based on some kind of matching algorithm. They describe the company as the eHarmony of careers, clothes, jobs, college, tutoring services, doctors, service companies, investments, etc. In fact, you can get a good idea of these various things by just searching on Google for "eHarmony of" startup.
Eric Greenspan
NOVEMBER 16, 2009
Remember Band Aid? Feed the World? One of my all time favorite songs. Well, it’s that time of the year so I thought I’d share the lyrics and I found the list of participants as well. Have fun with this. It’s Christmastime. There’s no need to be afraid. At Christmastime, we let in light and we banish shade. And in our world of plenty we can spread a smile of joy.
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SoCal Tech Calendar
NOVEMBER 28, 2009
Friday, December 4, 2009 -- Cal Poly Pomona Technology Incubator Showcase and Networking. Come to Cal Poly Pomona to view and network with university talent and view the Cal Poly Pomona Incubator Lab Projects. Students and entrepreneurs in residence have worked together to produce new technology and applications with an emphasis on internet software and mobile applications.
Both Sides of the Table
NOVEMBER 19, 2009
This is part of my Startup Advice series. I had a picture in the office of my first company with the logo above and the capital letters JFDI. (In case it’s not obvious it’s a play on the Nike slogan, “Just Do It.&# ) I believe that being successful as an entrepreneur requires you to get lots of things done. You are constantly faced with decisions and there is always incomplete information.
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Both Sides of the Table
NOVEMBER 5, 2009
This is part of my Startup Advice series of posts. I heard Bruce Dunlevie of Benchmark Capital say these words at a conference in London nearly 10 years ago. I jotted the words down (I normally pay little attention to anything said at conferences. Most of it is BS) and thought about them much over the years. I later learned that the quote was taken from somewhere else ( perhaps as early as the 13th century!
Both Sides of the Table
NOVEMBER 16, 2009
This is part of my Startup Advice series. Before I started my first company in 1999 I worked for Andersen Consulting (now Accenture). One of the things I noticed was that when really talented people – The “A players&# – wanted to quit, the firm would quickly scramble to try and keep that person from resigning. Suddenly it was star treatment and all sorts of promises about the future.
Both Sides of the Table
NOVEMBER 7, 2009
This is part of my series on Raising Venture Capital. I’m sure I’ll spark the ire of some VC’s for saying so, but there is certainly such a thing as black-out days in venture capital. It’s worth you knowing this so you don’t waste your time. It’s also very important to understand so that you can properly plan when you raise money.
Both Sides of the Table
NOVEMBER 29, 2009
Handling PR with VCs. This is part of my series on How to Raise VC but could equally be filed under Startup Advice more generally. I recently got a phone call from an entrepreneur whom I respect and who runs a company that I hope will do great things one day. He had pitched me in the past and I told him that for a variety of reasons his company was too early stage for me but that I would happily keep track of their progress.
Both Sides of the Table
NOVEMBER 1, 2009
Turn Your Organization Inside Out. This is part of my ongoing posts on Startup Advice. The world has changed much since I started my first company in 1999. As organizations we have become more open and I believe this is great for businesses and their customers. In the first 4 years of running BuildOnline we were an “Outside In&# organization.
Both Sides of the Table
NOVEMBER 22, 2009
The topic of whether in-stream advertising has heated up. I just read well written pieces on the topic by Ross Kimbarovsky , Robert Scoble , Paul Carr and the NY Times. I myself recently covered the topic when I spoke about why GRP Partners invested in Ad.ly. Let me lay out my defense of In-Stream Advertising because I believe the topic is really important. 1.
Both Sides of the Table
NOVEMBER 9, 2009
This is part of my series on Raising Venture Capital. There’s an old saying that if I’m talking with you and I start the conversation by saying, “whatever you do, DO NOT think about Elephants &# then you can’t help but thinking about elephants while we’re speaking. It’s called “The Elephant in the Room&# and there’s a lot of truth in this adage.
Both Sides of the Table
NOVEMBER 1, 2009
Last Friday I was on This Week in Startups with Jason Calacanis. Lots of great discussions here. Ok, I know it’s an hour-long video, but if you have time in the evening, we had a series of great discussions once you get 6 minutes in or so past the upfront advertisements. Topics include: - Should you raise money at a high price and then just spend it slowly?
socalTECH
NOVEMBER 4, 2009
Santa Barbara-based RingRevenue , the call tracking firm headed by former Callwave CFO Jason Spievak, has inked a deal with online marketing and affiliate firm LinkTrust, the two said today. According to the two, they have launched a new pay-per-call service which uses RingRevenue's technology. Linktrust operates an online service for affiliate tracking and lead management.
socalTECH
NOVEMBER 23, 2009
Los Angeles-based software-as-a-service developer CrownPeak has expanded the breadth of its offerings, saying this morning that it has launched a set of content management and marketing tools. CrownPeak said its new offering, the Online Marketing Management Suite, is targeted at online marketers, and helps them test, target, and measure content relevance in its web sites, landing pages, banner ads, mobile devices, social media, and other channnels.
Eric Greenspan
NOVEMBER 16, 2009
Remember Band Aid? Feed the World? One of my all time favorite songs. Well, it’s that time of the year so I thought I’d share the lyrics and I found the list of participants as well. Have fun with this. It’s Christmastime. There’s no need to be afraid. At Christmastime, we let in light and we banish shade. And in our world of plenty we can spread a smile of joy.
socalTECH
NOVEMBER 16, 2009
Pasadena-based eSolar , the Idealab startup developing solar thermal power plant technology, said today that it has added George (Chip) A. Hambro, the retired Chief Operating Officer of First Solar, to its board of directors. Hambro was at First Solar for eight years, through its IPO. Hambro has also served at Goodrich Aerospace and ITT. eSolar is developing technolog for solar thermal power, which are being applied to utility-scale solar power projects.
socalTECH
NOVEMBER 5, 2009
Los Angeles-based Funny or Die , the online comedy video site started by Will Ferrell, said today that it has launched its own, branded YouTube channel. The firm said the channel will feature videos from the firm's own site. According to Funny or Die, videos features on YouTube will continue to premiere on its own site, and will only be featured on Funny or Die's YouTube channel for a limited time.
Eric Greenspan
NOVEMBER 24, 2009
Tags: Eric Greenspan Make It Work Training training tweetdeck.
Eric Greenspan
NOVEMBER 24, 2009
Tags: Eric Greenspan Make It Work Training training tweetdeck Twitter.
socalTECH
NOVEMBER 30, 2009
Costa Mesa-based Lumexis , a developer of in-flight entertainment and broadband connectivity systems, announced late Monday that it has scored $15M in a private equity funding from Perseus LLC. According to Lumexis, the financing round also included prior investors PAR Capital Management and Zone Ventures, and includes an option for an additional investment of $7.5M.
SoCal CTO
NOVEMBER 17, 2009
I’ve recently had a chance to reconnect with Eric David Greenspan ( LinkedIn , Twitter ) He’s the CEO of Make It Work a high quality, personal, high touch technology service provider for homes and small businesses. He’s done several startups and is a board member of the Technology Council of Southern California (which is where I met him originally).
socalTECH
NOVEMBER 18, 2009
Los Angeles-based Total Beauty , the women's fashion and beauty site headed by Emrah Kovacoglu, reports today that the firm has hit the number 4 position in comScore's ranking of beauty/fashion sites. Total Beauty also said it is number one in terms of time spent per visit. Total Beauty operates an online site focused on fashion and beauty, including user-generated reviews and daily editorial information.
Eric Greenspan
NOVEMBER 11, 2009
First, my thanks to Tim Draper for allowing me to use his song in my entrepreneur presentations at UCLA, Anderson School of Business and USC, Marshall School of Business. This song is the heart of soul of many entrepreneurs like me and I love sharing it. I’m actually working (per Tim’s request) on a new version of his song. Stay tuned for that, but here’s the lyrics from Tim’s version along with a link to the actual song itself.
socalTECH
NOVEMBER 23, 2009
Los Angeles-based Zubican , an online business-to-business marketplace, has been acquired by Inuvo, a Florida-based provider of performance-based online marketing services, Inuvo announced Monday. Financial terms of the deal were not disclosed. Zubican was backed by $1.3M in seed funding from the Tech Coast Angels and Pasadena Angels. Inuvo said it will pay a royalty based on a percentage of the gross profit derived from Zubican's site over a four-year period.
socalTECH
NOVEMBER 16, 2009
Santa Monica-based Mahalo , the online search site headed by Jason Calacanis, rolled out version 3.0 of the firm's web site. The new version of the site is looking to combine search, content, and Q&A. According to an email from Calacanis to his private email list, "Essentially what we're doing is making a bigger and better Wikipedia with a revenue-sharing model.
socalTECH
NOVEMBER 2, 2009
Irvine-based Projjix said today that it has launched a beta of a service to help consultants connect with potential customers. The startup, headed by Jim Hazboun, said its site will help Fortune 500/1000 companies find and engage consultants. The web site allows consultants to post information about their services and/or projects, and also allows companies to search for consultants, post projects, and more.
socalTECH
NOVEMBER 20, 2009
San Diego-based Flux Power , a developer of lithium batteries and charging systems, said late last night that it has introduced a new family of products aimed at the industrial, solar, EV, wind, and peak-shaving power markets. The firm--which spun out of LHV Power last month and is headed by former Aptera co-founder Chris Anthony--said it s systems are geared towards providing safe, power, and cost effective energy storage.
socalTECH
NOVEMBER 30, 2009
Daniel Scalisi is the CEO of Los Angeles-based MobileCause (www.mobilecause.com), a startup focused on the mobile, nonprofit fundraising area. We spoke to Daniel last week to learn more about his firm. What's your startup all about? Daniel Scalisi: MobileCause is actually a company we acquired, and reorganized in January. It was founded three years ago, and hadn't been succeeding.
socalTECH
NOVEMBER 10, 2009
Los Angeles-based Buzzmedia , which operates Buzznet, Celebuzz, and other pop culture web sites, said today that it has hired Chris George, former Vice President of Integrated Marketing at MySpace, as its Senior Vice President of Integrated Marketing and Operations. Buzzmedia said that George will manage all apsects of its revenue and sales for Buzzmedia.
socalTECH
NOVEMBER 24, 2009
Santa Monica-based Adconion Media Group , an online advertising network, announced today that it has acquired certain assets of Joost , the online video site founded by Skype founders Janus Friis and Niklas Zennstrom. Financial terms of the buy were not disclosed. Adconion Media said it would continue to operate Joost.com , and use it to bring additional "scale" and content to its network.
socalTECH
NOVEMBER 19, 2009
This week's release of a list of their "Top 100" venture capitalists by AlwaysOn -- based roughly on number and dollar amount of successful M&A and IPO deals between October 1, 2005 to September 30, 2009--seems to have skipped local Southern California venture capitalists, with only one Southern California VCs listed. According to the list, just Jim Gauer of Palomar Ventures , made the cut.
socalTECH
NOVEMBER 2, 2009
Pasadena-based OpenX is in a major deal with software giant Microsoft , saying today that the two are in a deal to cross-market and promote products to their publishers. OpenX said it it will become a preferred partner to publisher for enterprise ad serving, and will promote Microsoft's Content Ads monetization products, as part of a multi-year agreement.
socalTECH
NOVEMBER 11, 2009
Burbank-based Youbet.com , an online site focused on horse racing wagering and content, has been acquired by Churchill Downs Incorporated in a deal worth $126.8M. Churchill Downs operates thoroughbred racing events such as the Kentucky Derby. Churchill Downs said late Wednesday it would pay 0.0598 shares of its common stock, plus $0.97 in cash for each share of Youbet common stock.
socalTECH
NOVEMBER 6, 2009
Pasadena-based Energy Innovations , a developer of concentrating solar modules, has scored a win in Abu Dhabi, United Arab Emirates, the firm announced Friday morning. Energy Innovations said it has been awarded a contract to install its systems at Masdar City, a model community of 50,000 which is being developed as a sustainable, energy independent, carbon neutral city entirely powered by renewable energy.
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